The foundation of Liberal/modern Christianity is that the Bible only contains the word of God and is not the Word of God.
Biblical Christianity has a correct balance that is articulated by Spurgeon very well in the following :
Spurgeon on Hebrews 4:12.\t
"...This shows us a great Truth of God which we might not otherwise have so clearly noted. How much that can be said of the Lord Jesus may be also said of the inspired volume! How closely are these two allied! How certainly do those who despise the one reject the other! How intimately are the Word made flesh and the Word uttered by inspired men, joined together!
It may be most accurate to interpret this passage as relating both to the Word of God Incarnate and the Word of God Inspired. Weave the two into one thought, for God has joined them together, and you will then see fresh lights and new meanings in the text. The Word of God, namely, this Revelation of Himself in Holy Scripture, is all it is here described to be, because Jesus, the Incarnate Word of God, is in it. He does, as it were, incarnate Himself as the Divine Truth in this visible and manifest Revelation. And thus it becomes living and powerful, dividing and discerning.
As the Christ reveals God, so this Book reveals Christ, and therefore it partakes, as the Word of God, in all the attributes of the Incarnate Word. And we may say many of the same things of the written Word as of the embodied Word. In fact, they are now so linked together that it would be impossible to divide them. This I like to think of, because there are some nowadays who deny every doctrine of Revelation and yet, indeed, they praise the Christ. The Teacher is spoken of in the most flattering style and then His teaching is rejected, except so far as it may coincide with the philosophy of the moment.
They talk much about Jesus, while that which is the real Jesus, namely, His Gospel and His inspired Word, they cast away. I believe I do but correctly describe them when I say that, like Judas, they betray the Son of Man with a kiss. They even go so far as to cry up the names of the doctrines, though they use them in a different sense that they may deceive. They talk of loyalty to Christ and reverence for the Sermon on the Mount””but they use vain words. I am charged with sowing suspicion. I do sow it and desire to sow it. Too many Christian people are content to hear anything so long as it is put forth by a clever man, in a taking manner.
I want them to try the spirits, whether they are of God, for many false prophets have gone forth into the world. What God has joined together, these modern thinkers willfully put asunder and separate the Revealer from His own Revelation. I believe the Savior thinks their homage to be more insulting than their scorn would be. Well may He do so, for they bow before Him and say, "Hail, Master!” while their foot is on the blood of His Covenant and their souls abhor the doctrine of His substitutionary sacrifice.
They are crucifying the Lord afresh and putting Him to an open shame by denying the Lord that bought them, by daring to deride His purchase of His people as a "mercantile transaction,” and I know not what of blasphemy beside. Christ and His Word must go together. What is true of the Christ is here predicated both of Him and of His Word. Behold this day the everlasting Gospel has Christ within it. He rides in it as in a chariot. He rides in it as, of old, Jehovah "did ride upon a cherub and did fly””yes, He did fly upon the wings of the wind.” It is only because Jesus is not dead that the Word becomes living and effectual, "and sharper than any two-edged sword.”
If you leave Christ out of it, you have left out its vitality and power. As I have told you that we will not have Christ without the Word, so neither will we have the Word without Christ. If you leave Christ out of Scripture, you have left out the essential Truth of God which it is written to declare. Yes, if you leave out of it Christ as a Substitute, Christ in His death, Christ in His garments dyed in blood, you have left out of it all that is living and powerful. How often have we reminded you that as concerning the Gospel, even as concerning every man, "the blood is the life thereof”””a bloodless Gospel is a lifeless Gospel!"